Joystiqhttp://www.joystiq.com
Joystiqhttp://www.blogsmithmedia.com/http://www.joystiq.com/media/feedlogo.gifJoystiqhttp://www.joystiq.com
en-usCopyright 2015 AOL, Inc. The contents of this feed are available for non-commercial use only.Blogsmith http://www.blogsmith.com/http://www.joystiq.com/2013/06/12/banked-microsoft-points-on-xbox-one-conversion/http://www.joystiq.com/2013/06/12/banked-microsoft-points-on-xbox-one-conversion/http://www.joystiq.com/2013/06/12/banked-microsoft-points-on-xbox-one-conversion/#comments
The Xbox ecosystem's conversion to local currency will be "equal or greater" than the existing Microsoft Point value currently banked on accounts.

"When the transition takes place, the balance of Microsoft Points in an account will be retired and the customer will be given an amount in local currency that is equal or greater in Marketplace value," a Microsoft spokesperson informed Joystiq. "That value will be stored in your account and can be used similar to Microsoft Points to make purchases in the Xbox Live Marketplace."

What that means in North America is that it will be 80 points (or less) to the dollar when the point exchange occurs. There is currently no official date for the conversion.

Permalink | Email this | Comments]]>conversione3-2013microsoftmicrosoft-pointsmspreal-currencyxboxWed, 12 Jun 2013 18:30:00 ESThttp://www.joystiq.com/2012/01/24/rumor-microsoft-phasing-out-microsoft-points/http://www.joystiq.com/2012/01/24/rumor-microsoft-phasing-out-microsoft-points/http://www.joystiq.com/2012/01/24/rumor-microsoft-phasing-out-microsoft-points/#commentsA rumor making the rounds today is Microsoft will phase out its Microsoft Points currency by year's end, in favor of real currency. According to InsideMobileApps, the change will affect Windows Phone, the Zune Marketplace and Xbox Live.

The site claims "a source" provided the information and notes that mobile developers with Microsoft publishing agreements are being told to plan their upcoming downloadable content and in-app purchases in accordance with the change. Finally, customers with Microsoft Point balances at the time of conversion will have it switched to the their local currency.

Two developers we spoke to who are working on Windows Phone 7 and Xbox Live content told us they hadn't heard anything about such a conversion. However, both noted that sometimes Microsoft doesn't tell them about major changes until it becomes need to know. They also hadn't heard whispers about the conversion until we contacted them.

Checking in with Microsoft, a company spokesperson told us: "We do not comment on rumor or speculation."

Update: Microsoft Switzerland has reportedly told Gbase.de that the rumor is not true. The Google translation is a bit confusing, but it roughly translates: "We can not confirm these rumors - we are currently satisfied with the current Xbox Live Business model."